Nuveen Municipal Value Fund, Inc. to Issue Monthly Dividend of $0.03 (NYSE:NUV)

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be given a dividend of 0.031 per share by the closed-end fund on Monday, December 2nd. This represents a $0.37 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date is Friday, November 15th.

Nuveen Municipal Value Fund Price Performance

Nuveen Municipal Value Fund stock traded up $0.01 during trading hours on Wednesday, hitting $8.88. The company had a trading volume of 88,811 shares, compared to its average volume of 421,300. Nuveen Municipal Value Fund has a 1 year low of $8.27 and a 1 year high of $9.15. The company has a 50-day moving average price of $9.01 and a two-hundred day moving average price of $8.78.

About Nuveen Municipal Value Fund

Nuveen Municipal Value Fund, Inc is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments.